Update On CenterPoint Offering Home Warranty Plans In Texas
July 08,2019
L.M. Sixel in the Houston Chronicle takes a deeper look at the offering of home service warranty plans by CenterPoint Energy in Texas, with service provided by HomeServe
Sixel reports that, "Analysts say utilities are essentially using their monopoly power to break into competitive markets and boost the earnings of their non-regulated businesses"
Sixel also reports that, "CenterPoint disputes that it is taking unfair advantage of its monopoly position and is merely offering the warranty programs as a convenience to its customers"